In re H & R Block Refund Anticipation Loan Litigation

*905 MEMORANDUM OPINION & ORDER

JOAN B. GOTTSCHALL, United States District Judge

This case concerns H & R Block’s practice of offering “refund anticipation loans” to its customers. The plaintiffs allege that H &' R Block’s practice violates various state laws by failing to adequately disclose loan fees, charging unreasonably high interest rates, and deceiving customers about the loans. H & R block moves to compel arbitration and stay further proceedings until arbitration has been completed. For the reasons explained below, the motion is granted.

I. Background

Refund anticipation loans allow tax…